Why gasoline prices are a fraud on us all, and here is the solution that will re-empower us all.

[egbertowillies]

Reputable and unreputable outlets instill in us that oil shortages justifying gasoline price hikes are justified. The price hikes are a fraud.

https://egbertowillies.com/2022/03/12/why-gasoline-prices-are-a-fraud-on-us-all-and-here-is-the-solution-that-will-re-empower-us-all/

[blue sky at night]

1. I think in the long run they are...

fucking themselves as it will speed us down the road to Green Energy.

[peppertree]

3. Every time crude prices rise, Big Oil always says the same thing:

"We gave at the pump!"

While their profits increase by leaps and bounds - not least, because they load up on futures whenever any world event that might trigger oil prices comes along.

[peppertree]

5. Absolutely.

To me, it's no coincidence Big Business decided - in an obviously cartelized way - to start jacking up prices the minute Biden took office.

This war simply gives them a nice, big excuse to crank that up even faster.

They decided on day one that they were going to 'Carter' Biden - and we're seeing it.

With corporate profits rising as fast as they are, they can't possibly claim 'higher input prices' - not until now, anyway.

[peppertree]

7. Thanks. It is what it is.

Too much moral hazard here: they shamelessly jack up profits while undermining an Democratic incumbent.

It wouldn't work if more people saw that, of course - but...

[multigraincracker]

8. Spot on.

The Father if Capitalism, Adam Smith in Wealth Of Nation even said regulations are necessary to prevent monopolies. Along came NeoLiberal Capitalism and paved the way for unregulated markets. first thing we need to do is break up big oil, banks and the other big companies. Get rid of Citizens United decision in order to restore Democracy with strong sunshine on campaign finances, giving the power back to the people.
Outlaw stock buy backs by taxing them at 100%.
Another example is also the installation of the Shah in Iran by British and American oil. Cuban revolt and Castro was a battle against America Sugar Cos and Mob gambling interest.
Why do we have dig to learn the true history?
You are doing a great service with your program